Avanco Resources Announce March 2017 Quarterly Activities Report

Avanco Resources Limited (ASX:AVB) announced its Quarterly Activities Report for the period ending 31 March 2016.
As quoted in the press release:

HIGHLIGHTS

• Concentrate offtake contract executed and first shipment of commissioning phase concentrate exported
• Dispatched concentrate returned provisional assays of ~28% copper and 4.5g/t gold, exceeding quality specifications
• Construction of Antas concentrator and mine infrastructure is 99% complete with no Lost Time Injuries after more than 956,000 man hours worked
• Antas Copper Mine officially opened and attended by Federal, State and Municipal Officials, in addition to major shareholders and employees
• Commissioning of the fully integrated plant nearly complete with ramp-up to steady state production expected during June quarter
• Diamond drilling continues at Pedra Branca with latest results confirming the high grade nature of the East zone:
  • 24.6m at 1.15% copper, 0.35g/t gold from 138.40m including 7.00m at 2.07% copper, 0.66g/t gold from 152.00m
  • 24.7m at 1.93% copper, 0.41g/t gold from 275.30m including 9.7m at 3.10% copper, 0.66g/t gold from 275.30m
• Positive progress on studies for a proposed fast track “trial mine” targeting early development of the Pedra Branca deposit

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